Vail Company recorded the following transactions during November. Date General Journal November 5 Accounts Receivable-Ski Shop Sales November 10 Accounts Receivable-Welcome Incorporated Sales November 13 Accounts Receivable-Zia Company Sales November 21 Sales Returns and Allowances Accounts Receivable-Zia Company November 30 Accounts Receivable-Ski Shop Sales Debit Credit 4,662 4,662 1,429 1,429 838 838 216 216 2,979 2,979 1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. 2. Prepare a schedule of accounts receivable. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. General Ledger Accounts Receivable Accounts Receivable Subsidiary Ledger Ski Shop Ending Balance Sales Ending Balance Sales Returns and Allowances Ending Balance Ending Balance Ending Balance Zia Company Welcome Incorporated Ending Balance Required 1 Required 2 >

Vail Company recorded the following transactions during November. Date General Journal November 5 Accounts Receivable-Ski Shop Sales November 10 Accounts Receivable-Welcome Incorporated Sales November 13 Accounts Receivable-Zia Company Sales November 21 Sales Returns and Allowances Accounts Receivable-Zia Company November 30 Accounts Receivable-Ski Shop Sales Debit Credit 4,662 4,662 1,429 1,429 838 838 216 216 2,979 2,979 1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. 2. Prepare a schedule of accounts receivable. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. General Ledger Accounts Receivable Accounts Receivable Subsidiary Ledger Ski Shop Ending Balance Sales Ending Balance Sales Returns and Allowances Ending Balance Ending Balance Ending Balance Zia Company Welcome Incorporated Ending Balance Required 1 Required 2 >

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter10: Accounting For Sales And Cash Receipts

Section: Chapter Questions

Problem 7SEB: JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a...

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